Radcred's research regarding crypto casinos reveals notable growth in the gambling industry, reaching $26 billion in bet volumes in Q1 2025.
Crypto Casino Bet Volume
According to Radcred's analysis, the total bet volume on digital gambling platforms doubled, amounting to a significant $26 billion in Q1 2025. At the same time, payout disputes have dropped by 38%, indicating a growing trust in new technologies.
Impact of Blockchain Technology
Each bet, game outcome, and payout is recorded on-chain, creating an immutable audit trail that players can independently verify. This enhances settlement speed with instant deposits and withdrawals, encouraging direct peer-to-peer transfers while eliminating additional fees.
Benefits for Players
Crypto casinos offer numerous advantages to players through blockchain technology. User anonymity is secured via wallet addresses, eliminating charge-back fraud. The platform also caters to mobile users, as over 59% of gaming activities take place on smartphones, highlighting the trend toward mobile-optimized gambling experiences.
Thus, the effective use of blockchain technology in crypto casinos creates new growth opportunities and attracts users, making gambling more accessible and secure.
